HTA hutchison telecommunications (australia) limited

re: for grant62 please? (offshore) Hi Asmizon,From an offshore...

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    re: for grant62 please? (offshore) Hi Asmizon,

    From an offshore perspective, I just received a report through from JP Morgan suggesting that Hutchison Whampoa will adopt a percentage of usage approach to depreciating its 3G business assets.

    If replicated in Australia, this will have the effect of boosting earnings in the early years whilst pushing back the depreciation impact into the outlying (or mature) years.

    That could be good for HTA going eps+ ahead of its current schedule (circa 2007-8), and adding to its Orange network already being earnings' positive.
 
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